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2420 Glenwood Avenue

2420 Glenwood Avenue, Joliet, IL 60435
Commercial in Troy
2420 Glenwood Avenue has been categorized by the local assessors in Joliet, IL as a commercial type of property. The building on the property was first built in 1990 and is 34 years old. In addition, 2420 Glenwood Avenue has 9,656 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 56,192 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Nov 25, 2020 for $530,000. That's $54.89 per sqft. Prior to that sales transaction, the property was also sold in Nov 14, 2013 for $1,260,000. 2420 Glenwood Avenue was last assessed in 2022. The total value of the property was assessed at $311,636. Specifically, the land the property is located on was valued at $104,891. While improvements on the property were assessed at a total of $206,745. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $28,360. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220224
02/24/2022
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Lorne Istre
Re/Max Ultimate Professionals
20200318
03/18/2020
Loft
-
-
$599,000
bedrooms
Loft
bathrooms
-
$530,000 -11.52%
12/16/2020
-
Donta Taylor

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Shingle (not wood)
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 56,192
  • Total Building Area: 9,656
  • Building Area: 9,656
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 9,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MCKAY RE
  • Land Acres: 1.29
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 2 AND THE E 82.88 FT OF LOT 3, IN MCKAY RESUB OF LOT 1, IN MCKAY'S SUB, A SUB OF PRT OF THE E1/2 SE1/4 OF SEC. 12 T35N-R9

Ownership

  • Current Owner : IREALTY LLC
  • Previous Owner : ANTJE GEHRKEN OF A R E PARTNERS INC
  • Owner Before Previous Owner: S P P
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 883206

Geography

  • Parcel: 05-06-12-418-014
  • Lot: 2
  • Meridian: SEC 12 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.529
  • Longitude: -88.1425

    Address

  • Full Address: 2420 Glenwood Ave
  • Address - House Number: 2420
  • Address - Street Name: Glenwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C018
  • 4-Digit Zip Code: 5575
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,360
  • Tax Rate Code Area: 0510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $848,000
  • First Open Lien Mortgage Lender: WINTRUST BANK NA
  • First Open Lien Mortgage Recording Date: Dec 16, 2020
  • First Open Lien Mortgage Loan Amount: $848,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $934,908
  • Market Land Value: $314,673
  • Market Improvement Value: $620,235

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $311,636
  • Assessed Land Value: $104,891
  • Assessed Improvements Value: $206,745

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Transaction ID: 11807837183
  • Current Sale Price: $530,000
  • Current Sale Document Type: Receiver's Deed
  • Current Sale Input Document Number: R2020114477
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Contract Date: Nov 14, 2013
  • Previous Sale Amount: $1,260,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST BANK NA
  • First Mortgage Transaction Date: Dec 16, 2020
  • First Mortgage Loan Amount: $848,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: PNC BANK NA
  • Previous Mortgage Transaction Date: Dec 16, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 14, 2018

About Joliet



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2420 Glenwood Avenue located in?
The 2420 Glenwood Avenue is a commercial located in the neighborhood of Troy in Joliet, Joliet.
What is the average sales price for listings in 2420 Glenwood Avenue?
The average sales price for units in 2420 Glenwood Avenue is $599,000 currently.

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